According to recent estimates, anywhere from 40 to 70% of the population will need long-term care at some point. The fact is we are living longer so the odds are, we may be faced with the dilemma of long-term care, which our next guest says can devastate a family emotionally and financially if you do not have a plan in place. This is especially important for women who comprise about 80% of nursing home residents.
Mike Switzer interviews Melissa Bane, a CPA and certified financial planner with Greenwood Capital in Greenville, SC.